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Nora Inc. sells a single product for $24. Variable costs include $9.60 for each unit plus...
Nora Inc. sells a single product for $25. Variable costs include $8.75 for each unit plus...
Nora Inc. sells a single product for $25. Variable costs include $8.75 for each unit plus a 10 % sales commission. Fixed costs are $162,250 per month. a. What is the contribution margin percentage? 55% Contribution Margin b. What is the break-even sales revenue? Break-Even Sales Revenue 295,000 c. What sales revenue is needed to achieve a $120,450 per month profit? Total Sales Revenue Needed
Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90...
Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The company's annual fixed costs are $432,000. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement at Break Even) Amount Percentage of sales (2) Assume the company's fixed costs increase by $129,000. What amount of sales in dollars) is needed to break even? Break Even Point in Dollars...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $596,000. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs increase by $134,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs...
Jasmine Inc. sells a product for $56 per unit. Variable costs per unit are $33, and...
Jasmine Inc. sells a product for $56 per unit. Variable costs per unit are $33, and monthly fixed costs are $211,600. a. What is the break-even point in units? Break-Even Point units b. What unit sales would be required to eam a target profit of $75,900? Total Required Sales units c. Assume they achieve the level of sales required in part b, what is the margin of safety in sales dollars? Margin of Safety
Blanchard Company manufactures a single product that sells for $250 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $250 per unit and whose total variable costs are $200 company's annual fixed costs are $770,000. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement at Break-Even) Amount Percentage of sales (2) Assume the company's fixed costs increase by $139,000. What amount of sales in dollars) is needed to break even? Choose Numerator Break Even Point in Dollars Choose Denominator...
Blanchard Company manufactures a single product that sells for $136 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $136 per unit and whose total variable costs are $102 per unit. The company's annual fixed costs are $496,400. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Amount Percentage of sales 0% $ 0 (2) Assume the company's fixed costs increase by $131,000. What amount of sales in dollars) is needed to break even? Break-Even Point in...
Marlin Motors sells a single product with a selling price of $490 with variable costs per...
Marlin Motors sells a single product with a selling price of $490 with variable costs per unit of $196. The company's monthly fixed expenses are $52,920. C. Prepare a contribution margin income statement for the month of November when they will sell 140 units. Use a minus sign for a net loss if present. Income Statement Sales $ Variable Costs Contribution Margin $ Fixed Costs Net Loss $ D. How many units will Marlin need to sell in order to...
9. Bird Inc. manufacturers a single product that has a selling price of $50 per unit....
9. Bird Inc. manufacturers a single product that has a selling price of $50 per unit. Fixed expenses total $100,000 per year, and the company must sell 8,000 units to break even. If the company can achieve total sales of $750,000, what will its net profit be? 10. Sally, Inc. has consistent fixed costs and contribution margin ratios from month to month. In January, Sally produced a $180,800 profit from $300,000 in revenue. In February, Sally produced a $285.800 profit...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $128 per unit. The company’s annual fixed costs are $464,000. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. (2) Assume the company’s fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even? BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Amount Percentage of sales 0% $0 Break-Even Point in Dollars...
Blanchard Company manufactures a single product that sells for $240 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $240 per unit and whose total variable costs are $192 per unit. The company's annual fixed costs are $734,400. (1) Prepare a contribution margin Income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs Increase by $138,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs...
Nora Inc. sells a single product for $25. Variable costs include $8.75 for each unit plus a 10 % sales commission. Fixed costs are $162,250 per month. a. What is the contribution margin percentage? 55% Contribution Margin b. What is the break-even sales revenue? Break-Even Sales Revenue 295,000 c. What sales revenue is needed to achieve a $120,450 per month profit? Total Sales Revenue Needed
Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The company's annual fixed costs are $432,000. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement at Break Even) Amount Percentage of sales (2) Assume the company's fixed costs increase by $129,000. What amount of sales in dollars) is needed to break even? Break Even Point in Dollars...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $596,000. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs increase by $134,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs...
Jasmine Inc. sells a product for $56 per unit. Variable costs per unit are $33, and monthly fixed costs are $211,600. a. What is the break-even point in units? Break-Even Point units b. What unit sales would be required to eam a target profit of $75,900? Total Required Sales units c. Assume they achieve the level of sales required in part b, what is the margin of safety in sales dollars? Margin of Safety
Blanchard Company manufactures a single product that sells for $250 per unit and whose total variable costs are $200 company's annual fixed costs are $770,000. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement at Break-Even) Amount Percentage of sales (2) Assume the company's fixed costs increase by $139,000. What amount of sales in dollars) is needed to break even? Choose Numerator Break Even Point in Dollars Choose Denominator...
Blanchard Company manufactures a single product that sells for $136 per unit and whose total variable costs are $102 per unit. The company's annual fixed costs are $496,400. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Amount Percentage of sales 0% $ 0 (2) Assume the company's fixed costs increase by $131,000. What amount of sales in dollars) is needed to break even? Break-Even Point in...
9. Bird Inc. manufacturers a single product that has a selling price of $50 per unit. Fixed expenses total $100,000 per year, and the company must sell 8,000 units to break even. If the company can achieve total sales of $750,000, what will its net profit be? 10. Sally, Inc. has consistent fixed costs and contribution margin ratios from month to month. In January, Sally produced a $180,800 profit from $300,000 in revenue. In February, Sally produced a $285.800 profit...
Blanchard Company manufactures a single product that sells for $240 per unit and whose total variable costs are $192 per unit. The company's annual fixed costs are $734,400. (1) Prepare a contribution margin Income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs Increase by $138,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs...
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